Ive been watching this triangle that could go either way and wanted to share
Im suprised no one else from what ive seen saw this pattern forming. Not financial advice
I am really suprised no one else saw this but this could be a triple bottom forming on the daily chart
This could get ugly if it breaks to the downside but if it breaks to the upside it could strengthen the bull trend I am staying on the sidelines to DCA this out.
This looks to me like head and shoulders is forming directly above the descending channel that bitcoin broke out of. This does not good for the bulls...
As you see this is an ascending triangle that is very steep so it will probably break to the downside